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Fly News Breaks for April 24, 2019
PII
Apr 24, 2019 | 09:10 EDT
RBC Capital analyst Joseph Spak raised his price target on Polaris Industries to $102 after its "strong" Q1 beat in spite of the weather-related pressure on retail sales. The analyst also sees Q2 trends as solid and contends that the raised FY19 EPS outlook could prove to be "conservative". Spak is keeping his Sector Perform rating however as he believes that Polaris Industries stock already reflects the better views, though he also sees a potential upside catalyst if trade tariffs are removed.
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